Salt Lake Telegram | 1919-10-02 | Page 17 | Surplus Achieved in Rail Operation

SURPLUS ACHIEVED ACEVED I IN RA RAIL OPERA OPERATION TION I Accrues Over Ii i Gua Guaranteed Monthly Rental in Aug WASHINGTON Oct 2 Business Business handled by the railroads railroads- in August continued the increase begun with the advent of the harvest season and and the government achieved a surplus of I approximately over the the I guaranteed monthly rental of the under properties properties under federal control I This was was was' the second month of the y year year- ar in which an apparent surplus I was shown the July net Income hay hav haying having I hav-I ing been 19 greater than the the rental but the expenses of of neither I month took into into account the increase incident to the he raise in wages rec recently recently recent recent- nt I ly given the and winch was retroactive to May 1 EstIma Estimates tes are that the Increase will amount to I about a month I As the account now stands the j i government has has encountered a d deficit deficit fi- fi I cit of in the operation operatic of the roads road for the first eight months of the tIle year which will b be I increased to approximately approximately when the back pay du due t the 1 sh shop shop shop- p- p men Tor or four months is added From now on however heavy freight movement is expected to produce produce pro pro- duce dues a substantial lessening of or th the operating deficit